Chinese corporate earnings grew at their highest quarterly pace in five years, expanding 24% year-on-year in the second quarter according to Goldman Sachs, up sharply from 6% in the first quarter. Nearly half of MSCI China index constituents beat estimates during the period, driven heavily by artificial intelligence-related firms as investors increasingly look beyond crowded … Read more
Suzhou-based humanoid robotics startup JoyIn has accused OpenAI of unauthorized model distillation, claiming the artificial intelligence giant mirrored its “extraterrestrial visitor” framework and website design. According to CNBC, JoyIn CEO Guo Renjie publicly alleged in a letter that OpenAI directly distilled his company’s technology without modifications following a Silicon Valley presentation held weeks prior to … Read more
Chinese President Xi Jinping and First Lady Peng Liyuan arrived in Bishkek, Kyrgyzstan, on August 30, 2026, for an official state visit and to attend the security-focused Shanghai Cooperation Organization (SCO) Summit. Xi Jinping Arrives in Bishkek for SCO Summit The capital of Kyrgyzstan hosts the annual Shanghai Cooperation Organization summit on Monday and Tuesday, … Read more
China’s passenger car market is undergoing a fundamental shift toward electric-powered vehicles, with new energy vehicles (comprising battery and hybrid-powered cars) making up 65.1% of new passenger vehicle purchases this July—a rise from 54% during the same month last year, based on figures from the China Passenger Car Association released Tuesday. Industry data from Autohome … Read more
Goldman Sachs has identified Zhipu, DeepSeek, and ByteDance as its preferred Chinese artificial intelligence models, according to a research report released by the investment bank on Friday. While Zhipu is the only publicly traded company among the three, analysts emphasize that all three firms are demonstrating “near-frontier” performance that challenges global proprietary models in key … Read more
China’s Ministry of Industry and Information Technology has identified a "security back-door" in the Claude Code artificial intelligence tool, according to an official statement released Wednesday. The vulnerability, which affects versions 2.1.91 through 2.1.196, reportedly allows the autonomous coding software to transmit sensitive user data, including identity and location information, to remote servers without explicit … Read more
China-based cyber actors are increasingly targeting U.S. technology firms to illicitly acquire artificial intelligence intellectual property, according to a report from cybersecurity firm CrowdStrike. These entities accounted for more than 58% of state-sponsored cyberattacks directed at tech companies between April 2025 and March 2026. Experts suggest this campaign aims to bypass U.S. export restrictions on … Read more
The Blueprint for AI Self-Sufficiency: More Than Just a Chip The global semiconductor landscape is shifting from a centralized model—where a few Western giants hold the keys—to a fragmented, “sovereign AI” approach. Alibaba’s recent unveiling of the Zhenwu M890 is not just a hardware update; it is a strategic declaration of independence. Alibaba booth CIFTIS … Read more
The AI Pivot: How New Giants are Reshaping the Hang Seng Tech Index The Hong Kong technology sector is witnessing a fundamental transformation. While the Hang Seng Tech Index has struggled recently—tumbling more than 11% so far this year—a massive surge of capital is on the horizon. The catalyst? The entry of two powerhouse artificial … Read more
China’s Economic Engine Shows Strength, But Iran War Clouds the Horizon China’s economy demonstrated resilience in the first quarter of 2026, expanding by 5%, according to the National Statistics Bureau. This acceleration from the previous quarter’s 4.5% growth exceeded expectations, but the ongoing conflict involving Iran and its impact on global energy markets pose a … Read more